Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie
Read More
Economy
UK inflation comes in hotter than expected, slashing June rate cut bets
The war between Russia and Ukraine — both major producers of food commodities and energy — has disrupted global production,
Read More
Britain’s inflation rate could be about to drop below the Bank of England’s 2% target
A shopper selects fresh produce from a market stall in the Kingston district of London, UK, on Monday, May 20,
Read More
Soaring debt and deficits causing worry about threats to the economy and markets
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | Reuters Government debt that
Read More
Some consumers are punting big purchases like pools and mattresses
Ordini’s Best Fiberglass Pools contractors work to install a pool, which the company says have dramatically increased in sales due
Read More
Europe must avoid ‘disaster’ of trade decoupling as it eyes China tariffs, EU’s economics
The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and
Read More
Markets underestimate geopolitical risk as raft of elections looms, ECB’s De Guindos says
Europe’s macroeconomic outlook is brighter — but markets may be underestimating the potential for sudden destabilization due to geopolitics, the
Read More
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that
Read More
Weekly jobless claims jump to 231,000, the highest since August
Jobseekers during a Construction Career Fair at Cape Fear Community College in Wilmington, North Carolina, US, Wednesday, March 15, 2023.
Read More
Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey
A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New
Read More